IBM Reports 2019 Second-Quarter Results

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IBM (IBM) Tops Q2 EPS by 10c, Remains on Track for FY EPS

July 17, 2019 4:13 PM EDT

IBM (NYSE: IBM) reported Q2 EPS of $3.17, $0.10 better than the analyst estimate of $3.07. Revenue for the quarter came in at $19.2 million versus the consensus estimate of $19.16 million.

GUIDANCE:

IBM sees FY2019 EPS of $13.90, versus the consensus of $13.90.

Through the second quarter, IBM remains on track... More